Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: Philadelphia
Mintage: 984
Catalog: KM-110
Obverse Designer: George T. Morgan
Reverse Designer: George T. Morgan
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $15.78 (7/24/2014)
Diameter: 38.1mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1881 S$1 PF obverse 1881 S$1 PF reverse


  
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VarietyPlus®

There are no varieties for this coin.

Description & Analysis

The 1881 Morgan dollar proof issue was the fourth in the series --fifth, if one is counting the two first-year varieties -- that debuted in 1878. After a couple of four-digit proof totals in 1879 and 1880, the 1881 production figure declined just slightly to the three-figure range, 984 coins to be precise. Walter Breen's Proof Encyclopedia has some interesting comments concerning the 1881 proof dollars:

"VAM 8, lightly doubled 18-1. Later, often hollow around engraver's initial M on obverse. Dangerously deceptive first strikes are numerous. Real proofs from now through 1904 have rims (outside beaded borders) broader than uncirculated counterparts, and these rims are sharp on inner and (usually) outer borders. Relief details are also sharper than on uncirculated coins. The key points for checking this are central curls, eagle's breast feathers, and details of wreath. Poor definition here, or any trace of frost in open fields (not necessarily inside ribbon bow), should be grounds for rejecting the coin."

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 3/10/2014

Click on a price to see historical prices, comparison charts and trends.

1881 S$1 PF
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - 875 1075 1400 1575 2125 3125 4550 7300 9350 16000 29500 83950 -
$ - - - 950 1175 1500 1750 2250 3350 5375 7900 11000 19000 -
1881 S$1 PF Cameo
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - - - 2500 3600 5150 8750 12000 20500 37500 - -
$ - - - - - - - 3250 3900 5800 10000 15000 25000 -
1881 S$1 PF Ultra Cameo
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - - - - - - - - - - - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 252
Low Grade: 45
Average Grade: 64
High Grade: 69


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
2/20/2005 PCGS PF 64   Cameo Goldberg February 20-23, 2005 Pre-Long Beach Coin Auction, 28/Lot# 1828 $3,220.00
1/9/2008 NGC PF 67   Heritage Auctions 2008 January Orlando, FL (FUN) Signature Coin Auction #454, 454/Lot# 2999 $18,400.00
9/18/2011 NGC PF 58   Teletrade Auction 3139, 3139/Lot# 2121 $750.00
1/29/2012 PCGS PF 62   Cameo Goldberg January 29 - February 1, 2012 The Pre-Long Beach Auction, 67/Lot# 2613 $2,070.00
1/9/2013 NGC PF 67   Heritage Auctions 2013 January 9-13 US Coin FUN Signature Auction - Orlando Session(5), 1181/Lot# 6359 $8,260.25
7/27/2013 NGC PF 62   Stack's Bowers The August 2013 Chicago ANA World's Fair of Money , 192/Lot# 2556 $1,821.25
8/18/2013 PCGS PF 63   David Lawrence Rare Coins Internet Auction # 765, 774/Lot# 90 $2,900.00
11/10/2013 PCGS PF 64   Cameo GreatCollections GreatCollections Coin Auctions 11/10/2013, 100/Lot# 141462 $3,303.30


NGC Registry

NGC Registry Score 1881 S$1 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base333333335758201110127115051707194525553639378347566089923412500
33333331936569161163134915721786214829163687410752007137103220
0000003193656916116313491572178621482916368741075200713700
00000033847381013121714271639186523513277373544315644818500
1881 S$1 PF Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base3333333367494912711450160118122189305440244300545073801125016000
333333322676510561330150016711937247733774116468360938670128330
00000032267651056133015001671193724773377411646836093867000
00000034508571163139015501741206327653700420850666736996000
1881 S$1 PF Ultra Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base3333333370598813191502174420152741352348825061725199971350020000
3333333237799109813801582183422573001397649415791816611164156660
000000323779910981380158218342257300139764941579181661116400
000000347189312081441166319242499326244295001652190811233200
Registry Image Gallery
Grade: PF 69 CAMEO
Points: 12833
Owner: Simpson
 
Grade: PF 68 CA
Points: 8670
Owner: First Strike Society
 
View the Registry Image Gallery

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